Acer cuts staff in Europe, takes $150 million charge

02.06.2011

In order to cut costs further, the company is also recommending that employee bonuses for 2010 be cut by 40 percent. The board of directors have agreed to cut their own remuneration by 50 percent, Acer said.

Acer CEO J.T. Wang has also agreed to cut his remuneration for 2010, the company said.